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Banking Courses After Graduation: Eligibility, Admission, Scope and Salary

Akansha Sirohi
Akansha SirohiUpdated On: August 26, 2022 02:52 pm IST | SBI PO

Pursuing banking courses after graduation is a great idea to boost up your salary and job prospects in the banking sector. There are various programmes, as well as, exams that can help you get high-paying jobs in reputed banks.

Banking Courses After Graduation

Banking is one of the sectors that is never out of employment opportunities as there is a constant need for hiring candidates who understand the financial process and the progressive ways to run a bank. This is one of the reasons why pursuing banking courses after graduation has become a popular trend.

Candidates from various fields including commerce, business, arts and engineering seek bank courses after graduation in order to enhance their career prospects. There are various banking courses after graduation and few of them are provided by popular banks themselves. The other courses are offered by masters in business administration colleges.

If you want to pursue bank courses after graduation, another route is to prepare for Bank PO examinations. Most of the government banks recruit students through IBPS PO, whereas, SBI and its associate banks recruit candidates through SBI PO exam. Find out more about banking courses after graduation below:

Significance of Pursuing Banking Courses? 

Banking is a diverse field that requires an individual to have a complete understanding of how a bank works and operates on a daily basis. Individuals in contemporary times need a comprehensive knowledge of the financial industry and banking regulations. Being a banking professional will help gain expertise in the following systems:

  • Creating a budget for different individuals and/or companies
  • Auditing existing financial records as per the legal guidelines
  • Analysing international stock markets
  • Brokering financial deals
  • Advising investors about the best financial and investment deals

List of Banking Courses After Graduation

You can find below a list of banking courses that you can pursue after completing your graduation.

Name of the Course

Type of Course

Duration

MBA in Banking and Finance

Master Degree

2 years

M.Com In Banking and Finance

Master Degree

2 years

M.Voc in Banking, Stocks and Insurance

Master Degree

2 years

PGDM in Banking Management

PG Diploma Course

2 years

PGDM in Banking & Financial Services

PG Diploma Course

2 years

Short-term Post Graduate Diploma in Retail Banking (PGDRB)

PG Diploma Course

3 months class work

3 months internship

Short-term Post Graduate Diploma in Banking Operations

PG Diploma Course

3 months class work

3 months internship

Short-term Post Graduate Diploma in Banking

PG Diploma Course

3 months class work

3 months internship

Professional Programme in Commercial Banking (PPCB)

Advanced Certificate Course

2 months

Advanced Certificate in Banking Laws and Loan Management

Advanced Certificate Course

3 months

Eligibility Criteria for Bank Courses After Graduation

From Certificates to Diplomas to fully-fledged Master's Degree courses, you can find a variety of banking courses after graduation. Since there is so much variety in the courses, pinning down common criteria for all the different levels would not be fair. Mentioned below is the eligibility criteria for different kinds of banking courses that you can pursue after graduation.

Eligibility Criteria for MBA and 2-year PGDM Banking Courses:

  • In order to apply for these programmes, you will have to secure at least 60% marks in graduation along with a good past academic record.
  • Admission to MBA and PGDM courses are done on the basis of management entrance exams such as CAT.
  • Candidates who clear the above exams are then called for group exercises and personal interviews for their personality assessment and skill check.

Eligibility Criteria for Short-term PG Diploma Banking Courses:

  • You must have secured a minimum of 50% marks in order to pursue these courses.
  • Admissions are done on the basis of aptitude tests conducted by the respective institute and personal interviews.

Eligibility Criteria for Certificate Banking Programmes:

  • The minimum requirement for these programmes is the graduation degree. However, some colleges may ask for a minimum aggregate of 50%.
  • Selection is done on the basis of personal interview. Few institutes also select students on the basis of entrance tests.

Banking Entrance Exams

  • In order to get a job in a reputed bank, one needs to crack certain competitive exams.

  • On the basis of these exams, candidates are selected at different positions.

  • From Bank PO to Clerk to Specialist Officer, there are a number of reputed banks that conduct their examinations.

  • The eligibility criteria or these different exams vary.

  • Most of the Banking exams are conducted in two stages: Prelims and Mains.

  • Candidates selected after both of these stages are then called for group discussion and personal interview rounds.

  • After being shortlisted, candidates are trained for their jobs for about 3 months to one year.

Here is a list of Banking Exams that will help you.

IBPS PO ExamRBI Grade B Examination
SBI PO ExamSBI Clerk Exam
IBPS Clerk ExamIBPS SO Exam

Online Banking Courses

Due to the ever-expanding banking sector and increasing demand for banking professionals, numerous banking courses are now available on the internet. Further with online learning getting more popular, many renowned platforms have come up with unique banking courses. These in some cases are even free and are mostly for a duration of 3 months-6months. These are best suited for working professionals or students who because of multiple responsibilities and restrictions cannot attend full time programs, thus, in such cases, online banking courses are a boon. Here is a list of Banking courses that can be pursued online- 

Online Banking Course

Offered By

  • Banking Credit
  • Analysis Process
  • Relationship Management in Corporate Banking
  • Digital Banking Accounting, Finance and Banking-A Comprehensive Study

Udemy

  • Introduction to Managing your Personal Finance Debts- Revised
  • Financial Freedom: A Beginners Guide

Alison

  • Foundation of Central Bank Law
  • Essential Career Skills for Investment Banking and Finance
  • Risk Management and Banking Financial Markets
  • Capital Markets

edX

  • Economics of Money and Banking
  • Financial Markets
  • Digital Transformation in Financial Services
  • Financial Markets and Investment Strategy

Coursera

Top Banking Courses Colleges in India & Abroad

There are numerous universities and colleges offering banking courses across the globe. With a globally recognised degree in banking, one can explore better career prospects in this field and work with renowned banking and financial institutions. Some of the best universities offering banking courses are mentioned below.

Along with these, there are  also some of the popular universities and colleges in abroad offering varied banking courses, which include:

Banking Course Subjects 

Numerous types of banking courses are available in India and worldwide and subjects may differ from college to college, course to course. But there are a few subjects which are common in the syllabus of all the levels, colleges etc. Tabulated below are the popular subjects pertaining to banking courses.

Direct & Indirect Taxes

Foreign Exchange

Commercial Bank Management

Principles of Finance

Modern Banking Theories

Marketing of Financial Services

Financial Markets in India

Banking Awareness

International Banking & Finance

Banking Laws

Economics of Global Trade

Financial Accounting

Scope of Banking Courses 

As banks get revolutionalised, there are different types of banking and finance-related jobs that students can aim for a better and secured future. There is wide scope in the field of banking and financial sectors like insurance, stocks, funding, wealth management, investment, etc. Many banks even offer jobs in management, loan audit, etc. For those who are looking for steady growth in their career and lucrative options, should definitely opt for the banking field.

Job Opportunities after Banking Courses 

Banking attracts a lot of job opportunities as its credentials are well-identified across the world. Some of the well-paid job profiles after completing a banking course include:

Salary Scope after Bank Courses

Salary options after pursuing MBA or 2-year PGDM courses are very bright as these are globally recognized courses. Fresh graduates can expect salary packages between Rs. 5 lakh to Rs. 12 lakh per annum depending on their skills of the individuals.

The salaries rolled out for Bank POs are also quite high. A Bank PO can expect a starting salary package varying from Rs. 3.6 lakh to Rs. 4 lakh per annum. Banks like SBI may also offer salaries up to Rs. 5 lakh per annum.

The certificate and short-term diploma courses also offer good job opportunities if combined with well-paid internships. Candidates who pursue these courses along with internships can get packages varying from Rs. 2.5 lakh to Rs. 3.5 lakh per annum.

Salary Packages Offered To Banking Professionals

Tax Assistant

INR 5,00,000 LPA

Internal Auditor

INR 5,00,000 LPA

Bank PO

INR 4,00,000 LPA

Financial Consultant

INR 6,00,000 LPA

Credit & Risk Manager

INR 7,50,000 LPA

Insurance Consultant

INR 5,50,000 LPA

Banker

INR 7,00,000 LPA

Bank Manager

INR 8,00,000 LPA

Frequently Asked Questions (FAQs)

Q1. What is the eligibility to pursue banking courses?

Ans. Banking courses eligibility criteria is based upon banking course level. However, the basic criteria is that candidates must have completed 10+2 with minimum of 50% marks from a recognised board preferably in the Commerce stream. For diploma and certificate and undergraduate level eligibility norms include completion of 10+2 with 50% marks in commerce stream. For postgraduate level, b.com or relevant commerce-related graduation degree with 55% marks from a recognised university is required.

Q2. What are some of the popular professional banking courses in India?

Ans. There are numerous professional banking courses in India. These courses provide skill-oriented knowledge about all related subjects. Candidates with 50% in 10+2 or graduation can take up these courses. The list of courses are mentioned below.

  • GST Course 
  • Tally Course
  • Digital Banking
  • Business Analytics
  • MBA
  • M.Com
  • PGDM

Q3. What are the top banking courses one can choose from after graduation?  

Ans. Top banking courses after class 12th are given below.

  • PGDM in Banking & Management 
  • MBA in Banking & Finance
  • M.Com in Banking & Finance
  • PGDM in Banking & Financial Services
  • PGDRB- Post Graduate Diploma in Retail Banking
  • Post Graduate Diploma in Banking

Q4. What are some of the top recruiters in India hiring banking courses professionals?

Ans. Banking course graduates often get higher salaries as the courses are full of practical knowledge and skills. Some of the top recruiters hiring these individuals include:

  • RBI
  • NBFCs
  • ICICI Bank 
  • HDFC Bank
  • Axis Bank
  • SBI Bank
  • Kotak Mahindra Bank
  • Canara Bank
  • Bank of Baroda

Q5. What are some of the popular jobs offered to banking professionals in India?

Ans. There are various jobs offered to banking professionals in India, the list of which is mentioned below. Banking attracts a lot of job opportunities as its credentials are well-identified across the world. 

  • Tax Assistant
  • Internal Auditor
  • Financial Consultant
  • Credit & Risk Manager 
  • Bank PO
  • Insurance Consultant
  • Banker
  • Bank Manager

Q6. What is the course fee of banking courses after graduation in India?

Ans. Banking courses after graduation are specialised courses and their fees vary from college to college and course level in India. It depends upon various factors such as location, ratings, faculty, pedagogy, infrastructure, curriculum, placements etc. In India B Com course fees range between INR 5,000-2,00,000 LPA

Q7. Is mathematics mandatory for pursuing banking courses in India?

Ans. No, Maths is not mandatory for pursuing a banking course. However, when it comes to employing mathematical techniques to real-life financial problems, knowledge of basic mathematics is required. 

Q8. What are the popular colleges offering banking courses?

Ans. There are numerous institutes offering banking courses in India. Admission into them may vary however common eligibility guidelines remain the same.

  • Symbiosis College of Arts & Commerce, Pune
  • K J Somaiya College of Arts & Commerce, Mumbai
  • Indian Institute of Management, Bangalore
  • Indian Institute of Technology, Madras
  • Jain University, Bangalore

Hope the information mentioned above helped you. If you wish to get admission to any of the banking courses after completing graduation, fill out our Common Application Form (CAF) and get counselling from the education experts. If you have any questions or doubts regarding the same, ask away through our Q&A Section.

Stay tuned withCollegeDekho.

Good Luck!

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